Stock market live updates: Dow up 250, oil pops, Follow Powell comments here

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Stock market live updates: The Dow climbed 202 points at the open, hitting a new all-time high.

popped 3.2% and 2.2%, respectively, in premarket trading on Wednesday after Bank of America upgraded the casino stocks to buy from neutral. The firm said the casino companies, which have been hit from heightened fear about the Chinese coronavirus, will rebound as the number of virus cases meaningfully deadline. This is a reversal for Bank of America, which last month downgraded Wynn Resorts due to fear about the virus.

, while sales in the pharmacy unit grew 4.1%. In September, a federal judge signed off on the company's $69 billion merger with insurer Aetna, which CVS has said will lead to double-digit growth. —Jerome Powell is scheduled to return to Capitol Hill on Wednesday for a second day of testimony on monetary policy, the economy and financial statutes. The Senate Banking Committee hearing is set to begin at 9:30 a.m. ET and include Powell's already-published prepared remarks before a Q&A session. In his testimony before the House Financial Services Committee on Tuesday, Powell said that the

given tame inflation, low unemployment and modest economic growth. But he cautioned that low interest rates, while a positive for business borrowing, could hamstring the Fed's ability to stimulate the economy in the event of a future downturn. —

 

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Juiced on debt and false promises. The bigger they are the harder they fall...

Still would prefer the market goes through a correction here soon, but I guess it's cool to see higher retirement & brokerage account balances in the meantime🤷‍♂️🤷‍♂️

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Stock market live updates: Dow futures up 140, Bed Bath & Beyond tanks, Powell aheadLive updates of what's moving the market, including the latest on the coronavirus and earnings from companies such as Lyft and CVS Health. Can we have the S&P500 up to 3400 It’s interesting, as trumps reelection gets more imminent the stock market surges... An American somewhere today got denied important life saving healthcare coverage from their private insurance provider even tho they paid their premiums on time. They will end up expiring due to corporate greed in the insurance industry. BUT THE STOCK MARKET!
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